China’s Best Investment Environment Cities Announced – People’s Daily

From People’s Daily Online:

The 2006 list of cities with the best investment environment was recently announced by the National Bureau of Statistics. Beijing, Tianjin and Shenyang took the first three places. Shanghai, Nanjing, Suzhou, Qingdao, Guangzhou and Shenzhen also ranked in the top ten.

Zhang Weimin, the deputy director of the National Bureau of Statistics of China, said that the investment strategy in every area of China has been changing. The focus has shifted from quantity to quality, from investment volume to investment structure, from preferential policy competition to investment environment competition. The most important element of the investment environment has shifted from hardware construction to perfecting the software environment.[Full Text]